Laurence W Gannon Building Assoc In

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042755167 ✦ Lynn, MA ✦ Designated as a 501(c)(7)

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Overview

What is Laurence W Gannon Building Assoc In?

Laurence W Gannon Building Assoc In, located in Lynn, Massachusetts, functions as an amateur sports club or league with a primary focus on promoting youth golf. This nonprofit organization's mission is centered around fostering the growth and development of young golfers.

Is Laurence W Gannon Building Assoc In legitimate?

Laurence W Gannon Building Assoc In is a legitimate nonprofit organization registered as a 501(c)(7) entity. Laurence W Gannon Building Assoc In submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $54,763
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Laurence W Gannon Building Assoc In?

Laurence W Gannon Building Assoc In, as an amateur sports organization, is dedicated to promoting the growth and development of golf among young individuals. Their mission is focused on fostering the sport, aiming to provide opportunities for youth to engage in golf and enhance their skills. The association's activities are geared towards nurturing a love for the sport and fostering a sense of camaraderie among its members. By furthering youth golf, the organization aims to contribute positively to the overall development of young individuals, both on and off the golf course.

Who is the CEO of Laurence W Gannon Building Assoc In?

Michael Trombley is the President of Laurence W Gannon Building Assoc In.

What is the revenue of Laurence W Gannon Building Assoc In?

Laurence W Gannon Building Assoc In's revenue in 2021 was $329,274.

Who are the executives of Laurence W Gannon Building Assoc In and what are their salaries?

The average compensation at Laurence W Gannon Building Assoc In during 2021 was $3,423. There are 16 employees and 6 volunteers at Laurence W Gannon Building Assoc In.


Here are 6 key members and their salaries:


Jason Newhall (Clerk)
  • Compensation: $48,763
  • Related: $0
  • Other: $0
Robert Cross (Director)
  • Compensation: $7,735
  • Related: $0
  • Other: $0
Paul Gorman (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Jane Fiste (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Michael Trombley (President)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Joyce Agganis (Treasurer)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laurence W Gannon Building Assoc In?

Laurence W Gannon Building Assoc In's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Laurence W Gannon Building Assoc In

Laurence W Gannon Building Associates, as an amateur sports club or league, is dedicated to advancing the cause of youth golf. Their mission is centered around fostering the growth and development of young golfers. By focusing on youth golf, this organization aims to provide a platform where young individuals can enhance their skills, learn the sport, and enjoy the benefits that come with it. Through their efforts, they aim to foster a love for golf among the youth and contribute to the overall development of future golfers.

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Impact




October, 2024

Laurence W Gannon Building Assoc In plays a vital role in promoting youth golf in Lynn, MA. By focusing on the furtherance of youth golf, the organization provides young individuals with the opportunity to develop skills, learn sportsmanship, and engage in healthy physical activity. Through its initiatives, it fosters a supportive environment for young athletes to cultivate their passion for the sport, potentially leading to future opportunities in competitive golf.

The association also contributes to the local community by encouraging participation in recreational activities, helping to instill values such as teamwork, discipline, and perseverance. By nurturing a love for golf, Laurence W Gannon Building Assoc In not only helps youth to stay active but also enriches the local sports culture, creating pathways for youth to excel both on and off the course.




This information is meant to be a general summary of Laurence W Gannon Building Assoc In. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$329,274 (2021)
Expenses
$326,225 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $43,807
  • Program Service Revenue: $59,700
  • Gross Receipts: $620,372

Assets and Liabilities:

  • Total Assets: $74,638
  • Total Liabilities: $130,450
  • Net Assets: -$55,812

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Golf Facility Income

Revenue

$59,700

Organization Details

Founding Year

1980

Principal Officer

Michael Trombley

Main Address

60 Great Woods Road, Lynn, MA, 01904

NTEE Category

Code: N60 - Recreation

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